Kuwait – Mubasher: Capital Intelligence (CI) has upgraded Al Imtiaz Investment Group’s long-term credit rating to ‘BBB’, with a ‘Stable’ outlook.
Al Imtiaz said that this rating reflects CI’s confidence for a continuous progress of the company’s future performance, according to a bourse statement, it added that the rating also enhances the confidence of both investors and financing entities.
Al Imtiaz stock went up 1.43% to end Tuesday’s session at 71 fils after nearly 283,000 shares were traded at a value of approximately KWD 19,800.
